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Review:

Corporate Social Responsibility (csr)

overall review score: 4.5
score is between 0 and 5
Corporate Social Responsibility (CSR) is a business model that helps companies be socially accountable, by integrating social and environmental concerns into their operations and interactions with stakeholders.

Key Features

  • Ethical business practices
  • Socially responsible initiatives
  • Environmental sustainability efforts
  • Community engagement
  • Transparency in operations

Pros

  • Enhances corporate reputation
  • Builds customer loyalty and trust
  • Improves employee morale and retention
  • Positive impact on society and environment

Cons

  • Costly to implement for some companies
  • Greenwashing - false claims of CSR activities
  • Potential conflicts with shareholder interests

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Last updated: Sun, Feb 2, 2025, 12:51:21 PM UTC